Helmerich & Payne (HP) to Acquire KCA Deutag for $1.97 billion
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Helmerich & Payne (HP) PT Raised to $50 at RBC Capital
July 26, 2024 6:37 AM EDTRBC Capital analyst Keith Mackey raised the price target on Helmerich & Payne (NYSE: HP) to $50.00 (from $48.00) while maintaining a Sector Perform rating.
The analyst comments "HPs relatively solid 3Q results were overshadowed by its $1.97Bn acquisition of KCA Deutag. Directionally, we like the... More
CFRA Upgrades Helmerich & Payne (HP) to Buy
July 25, 2024 3:56 PM EDTCFRA analyst Stewart Glickman upgraded Helmerich & Payne (NYSE: HP) from Hold to Buy with a price target of $47.00 (from $44.00).
The analyst comments "Our 12-month target price of $47, raised $3, reflects a 5.5x multiple of enterprise value to projected FY 25 (Sep.) EPS. The applied... More
